EverSource Wealth Advisors LLC Sells 168 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

EverSource Wealth Advisors LLC lowered its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 26.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 476 shares of the company’s stock after selling 168 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $118,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in SMH. Chilton Capital Management LLC bought a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at about $26,000. Innealta Capital LLC bought a new stake in VanEck Semiconductor ETF during the second quarter worth approximately $28,000. TD Capital Management LLC purchased a new stake in VanEck Semiconductor ETF during the second quarter valued at approximately $29,000. Silicon Valley Capital Partners bought a new stake in shares of VanEck Semiconductor ETF in the 1st quarter valued at approximately $25,000. Finally, Olistico Wealth LLC purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter worth approximately $31,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $252.62 on Friday. The company has a market cap of $22.72 billion, a P/E ratio of 18.82 and a beta of 1.35. The business’s 50 day moving average price is $236.36 and its 200-day moving average price is $237.56. VanEck Semiconductor ETF has a fifty-two week low of $136.10 and a fifty-two week high of $283.07.

VanEck Semiconductor ETF Company Profile

The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that is based on the MVIS US Listed Semiconductor 25 index, a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. SMH was launched on May 5, 2000 and is managed by VanEck.